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The Market value (OSP) in Take-away Foodservice in Japan (2020 - 2028, USD million)

Industry: Foodservice
Current: Market Sizing & Shares

The Market value (OSP) in Take-away Foodservice in Japan reached USD 37,469.97 million in 2023
The indicator recorded a historical decline (CAGR) of 1.94% between 2020 to 2023 and is expected to grow by ...
GlobalData projects the indicator to grow at a CAGR of ...

The Market value (OSP) in Take-away Foodservice in Japan (2020 - 2028, USD million)

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Japan foodservice market analysis

The overall value of the Japanese foodservice profit sector declined from 2015 to 2020. The decline in the Japanese foodservice profit sector was due to the reduction in the number of transactions in 2020, as a result of the pandemic. The prolonged closure of various businesses, along with the fear of COVID -19 infections, impacted consumer visits to HoReCa outlets. In the coming years, profit sector channels will register a strong rebound in the number of transactions, which will support sales growth. With the return to normality, dine -ins will continue to dominate foodservice channels in Japan.

Take-away market

Takeaway services played an important role in 2020 as more consumers preferred to get their food delivered to their doorsteps due to COVID-19. Although takeaways recorded a decline in sales, the change was low when compared to dine-in services.

The current situation of increased public health and safety due to COVID-19 has propelled Japanese consumers to seek doorstep delivery options. Following the COVID-19 outbreak, dine-in occasions declined, and consumers switched to takeaways and deliveries. Dine-ins dominated the sales across all foodservice channels during 2020. However, dine-ins recorded sharp contractions compared to takeaways services as consumers preferred staying at home during the pandemic.

Takeaway services recorded a significant jump in 2020 as consumers opted for contactless door-step deliveries during the pandemic. In September 2020, Foodpanda, an online e-commerce platform announced plans to expand its operations in Japan, launching its business across various cities in the country, including Yokohoma, Hiroshima, Sapporo, Kobe, and Nagoya.

Takeaway services are either typically not offered or constitute a small proportion of revenues, takeaway services are projected to grow significantly over the next five years, motivating operators to focus on improving delivery systems by using advanced technologies. The ice cream parlor channel is projected to register the fastest value growth in takeaway services.

Take-away: Takeout, carryout, or takeaway from the premises/shop or restaurant in which meals are cooked/prepared to somewhere else to be eaten. These premises/shops or restaurant may also provide facilities for consumption on the premises. Food can either be picked up by the consumer or get delivered by the operator. Food items can typically be: pizzas, Chinese, Mexican, and other local or national offerings.